Thailand September Car Production Falls
Thailand reports a 6.08 percent drop in September car production to 120319 units following earlier flooding. Meanwhile domestic sales rose by 14.28 percent driven by electric vehicles.
Insights:
Thailand car production fell 6.08% to 120,319 units in September from a year earlier, the Federation of Thai Industries said on Tuesday morning. The decline followed a 10.93% expansion in August as regional carmakers resumed operations following recent flooding. The drop matters because Thailand remains Southeast Asia's primary automotive hub and export base for global manufacturers.
